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26/10/17
09:44
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Originally posted by jas626
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well done on your EYM trade, I try not to stress about my exists if I miss a few pips, its not worth it affecting your day over, just write down what you sold for what you could of sold for and your thought process of why you sold, imo EYM was actually a pretty hard one to pick an exist on the charts, its been trading so long under 1.5c and when runs it goes pretty fast pretty quickly, could well have run up to 3c today given its very low MC. some trades are easy they just continue to run up and you hold, they ones that pull back are the hard ones.
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Originally posted by minoil
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"can't complain".....no....and having only 5k to play with makes entries/exits even more crucial....i'm terrible for selling too soon, but when you only have 1k or so on a flea ridden dog, a profit can quickly evaporate and turn to a loss........at the end of the day, dont stress over how much someone else has made, you only need to impress yourself, and if you can beat the managed funds, then, why worry!
following on from selling EMU, and buying VKA, i also sold MOX, but think it may have more in the tank....holding more of those elsewhere. So, even after taking 2K out for TNO, i'm cashed up and hunting shells again as they are having a moment in the sun, hence picking VKA, and, having a couple in the gunsights
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Appreciate your words and wisdom gents.
@jas626 I am lazy on recording my strategy/thoughts/reflections etc. but have read/heard many time the importance of this and the value ot has provided people - I think I'll start to try and be more disciplined and see if this helps provide some light on some of my other issues!